Demand exceeds production:Global soyoil consumption is likely to rise above production in the current season with Chinese and European demand remaining strong, Hamburg-based oilseeds analysts Oil Worldforecast Feb. 2.Oil World forecasts global Oct. 2010-Sept. 2011 soyoil production at 41.91 million tonnes, below estimated consumption of 41.98 million tonnes. “World consumption of soyoil continues to grow